Encryption wealth accumulation: strategies for balancing investment and improving quality of life

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Crypto Assets Investment: How to Enhance Quality of Life While Pursuing Wealth

In the Crypto Assets field, many people aim to achieve financial freedom. This industry has indeed created immense wealth for some, sometimes even in a short period of time. However, the quest for quick riches also brings some potential issues, such as addiction to high-risk investments, falling into a hedonistic cycle, blindly following trends, and excessive comparison.

Although financial freedom is the ultimate goal, we should not only focus on distant objectives while neglecting our current achievements. For example, saving $100,000 before the age of 30 is already a milestone worth celebrating. Even if retirement is not achieved by age 30, attaining financial freedom between the ages of 35 and 40 is also a remarkable achievement.

We can treat the pursuit of wealth as an interesting game, setting different milestones for ourselves and rewarding ourselves with special experiences for completing each goal. This not only makes the process more enjoyable but also allows us to enjoy more of life's beauty on the way to achieving the ultimate goal.

As wealth accumulates, we can gradually improve the quality of life for ourselves and our families:

  1. To parents and family:

    • Upgrade their daily essentials, such as cars, houses, electronic devices, etc.
    • Take them on trips to taste gourmet food
    • Cover their health expenses, including insurance and medical costs.
    • Establish retirement funds for them
  2. To Partner:

    • Share daily expenses and travel costs
    • Help improve the quality of life, such as purchasing electronic devices or high-end daily necessities.
  3. To oneself:

    • Purchase your favorite electronic products or brand new items
    • Settle all debts
    • Withdraw to purchase a motorhome
    • Improve sleep quality and convenience of life
    • Invest in healthcare and new skill learning

We can gradually improve the quality of life according to different stages of wealth:

  • Five-digit net assets: repaying debts, preparing emergency savings, providing allowances for parents, purchasing insurance, upgrading work equipment.
  • Six-digit net assets: Settle remaining debts, reward loved ones, invest in oneself, and convert part of the profits into fiat currency.
  • Seven-figure net worth: buying an RV, diversifying investments, and establishing a retirement fund for parents.
  • Eight-digit net worth: Start your own fund, hire private service personnel, and help your parents achieve full retirement.

In summary, do not wait until you achieve your final goal to start improving your life. In the pursuit of financial freedom, gradually enhancing your quality of life through different milestones can not only bring positive changes for yourself and your family but also allow you to enjoy the journey better.

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CommunityLurkervip
· 08-03 20:59
Greed leads to loss; proceed cautiously step by step.
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AirDropMissedvip
· 08-03 16:45
All in is the way to go!
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0xDreamChaservip
· 08-02 19:13
Steady and steady wins the game.
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AirdropHunterZhangvip
· 08-01 16:52
Pure leeks should be played people for suckers.
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0xTherapistvip
· 08-01 16:52
Speed is not the core.
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mev_me_maybevip
· 08-01 16:52
Hold coin DCA and sleep soundly
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ZeroRushCaptainvip
· 08-01 16:50
All in才是王道
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NftDeepBreathervip
· 08-01 16:47
Seeking progress while maintaining stability is the most important.
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ChainSherlockGirlvip
· 08-01 16:40
Chasing wealth should also be joyful.
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FrogInTheWellvip
· 08-01 16:38
Not playing with coins will ultimately lead to regret.
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